Organizations and Reorganizations

What Do Organizations Include?

Registering the Business Entity Type: Our team assists in selecting the optimal business structure, whether it be a corporation, partnership, or limited partnership. We handle all necessary filings and ensure compliance with relevant corporate statutes, guiding you through the strategic transitions and documentation process efficiently.

Preparing Corporate Records: Our team meticulously prepares and maintains minute book documents, including meeting minutes, resolutions, and bylaws, ensuring accuracy and legal compliance. Directors are elected, officers appointed, and, for corporations, shares are properly issued and documented. Ownership ledgers and any necessary waivers of audit requirements are carefully maintained.

Reflecting Initial Capitalization in Records: Our team ensures that all corporate records accurately reflect the initial capitalization, documenting initial investments and issuing shares or units appropriately. We maintain detailed ownership ledgers, which are crucial for compliance with legal and regulatory requirements , assuring transparent and accurate records of all financial contributions and ownership details.

What Do Reorganizations Include?

Tax-driven Reorganizations: Our reorganization strategies help businesses achieve tax advantages through asset transfers, entity consolidations, and legal form changes. We focus on tax efficiency, compliance, succession planning, and strategic objectives to optimize your business outcomes.

Purifications: Purifications streamline your corporation by removing non-operating assets, enhancing qualification for tax exemptions. Our team efficiently transfers non-core assets, often using Section 85 rollovers, ensuring over 90% of assets are actively utilized.

Butterfly Transactions: Butterfly transactions facilitate tax-efficient asset transfers within corporate groups, creating multiple entities without immediate tax consequences. We guide the entire process, from distributing assets to spin-off corporations, ensuring compliance and optimal tax results.

Section 85 Rollovers: Section 85 rollovers enable tax-deferred property transfers between taxpayers and corporations. We manage the entire transfer process, handling capital assets, inventory, and eligible securities, and deferring tax liabilities to future dates.

Section 86 Share Exchange: Section 86 share exchanges allow tax-deferred exchanges of shares within a corporation. Our team determines fair market value and adjusted cost base, ensuring deferred recognition of gains or losses, and seamless ownership transitions.

Amalgamations: Amalgamations combine multiple corporations into a single entity, consolidating assets, liabilities, and operations. Our team ensures seamless shareholder transitions, delivering operational efficiencies, tax advantages, and enhanced competitiveness through strategic amalgamations.

Amendments: Filing articles of amendment addresses corporate name changes, share structure modifications, director adjustments, and business activity updates. Our comprehensive service guarantees compliance and alignment with your evolving business objectives and strategic goals.

Dissolutions: Corporate dissolution concludes a corporation’s legal existence. Our team assists in voluntary and involuntary dissolutions, managing debt settlement, asset distribution, and filing final tax returns, ensuring a smooth and compliant termination process.

Why Choose Us for Your Reorganization?

Organizations and reorganizations are crucial stages in the evolution of any business. They offer a unique opportunity to reassess, realign, and revitalize operations to better meet current market demands.

Our rigorous adherence to corporate governance laws ensures that your business operations remain within regulatory boundaries. We meticulously review all legal aspects, preventing legal pitfalls and ensuring smooth compliance with industry standards.

Utilizing sophisticated tax-efficient structures, we identify and implement strategies that effectively minimize tax liabilities. Our comprehensive approach leads to significant tax savings, allowing your business to allocate resources more productively and sustainably.

By maintaining utmost transparency and fairness in all dealings, we bolster shareholder confidence. Our commitment to equitable treatment and open communication ensures that shareholder interests are protected and confidence in the business is strengthened.

Our Process